Air Lease Corporation Announces Lease Placement of One New Boeing 737 MAX 9 Aircraft with Aeromexico

LOS ANGELES, December 10, 2018 – Air Lease Corporation (NYSE: AL; “ALC”) announced today the lease placement of one new Boeing 737 MAX 9 aircraft on long-term lease with Aeromexico. Scheduled for delivery in fall 2019, the aircraft will feature LEAP-1B28 engines and deliver from ALC’s order book with Boeing. This 737 MAX 9 will join two Boeing 737-800s and three Boeing 787-9s currently on lease to Aeromexico, as well as a fourth 787-9 Dreamliner aircraft scheduled to deliver to the airline in spring 2019.

Andres Conesa, Chief Executive Officer of Aeromexico, said, “Aeromexico has a long-standing relationship with ALC and we are delighted to add this new 737 MAX 9 aircraft to our fleet to further strengthen our international operations and growing route network.”

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

About Air Lease Corporation (NYSE: AL)

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC's website at www.airleasecorp.com.

About Aeromexico

Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeromexico, Mexico´s global airline, operates more than 600 daily flights and its main hub is in Terminal 2 at the Mexico City International Airport. Its destinations network features 89 cities on three continents; including 43 destinations in Mexico, 18 in the United States, 18 in Latin America, four in Europe, three in Canada and three in Asia.

The Group's operating fleet of 133 aircraft is comprised of Boeing 787 and 737 jet airliners and next generation Embraer 170 and 190 models. In 2012, the airline announced the most significant investment strategy in aviation history in Mexico, to purchase 100 Boeing aircraft including 90 MAX B737 jet airliners and 10 B787-9 Dreamliners.

As a founding member of the SkyTeam airline alliance, Aeromexico offers customers more than 1,000 destinations in 177 countries served by the 20 SkyTeam airline partners rewarding passengers with benefits including access to 672 premium airport lounges around the world. Aeromexico also offers travel on its codeshare partner flights with Delta Air Lines, Avianca, Copa Airlines, EL AL, GOL Linhas Aéreas, Jet Airways and WestJet, with extensive connectivity in countries like the United States, Brazil, Canada, Central America, Colombia, India, Israel or Peru. www.aeromexico.comwww.skyteam.com